Plumbers & Pipefitters Apprentices Training & Educational Programs TR

Analysis

Plumbers & Pipefitters Apprentices Training & Educational Programs TR is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 1962, 64 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Plumbers & Pipefitters Apprentices Training & Educational Programs TR reported income of $5.1m and spending of $2.9m, leaving 43% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $2.3m to $5.1m (+125%), an average of +22% a year. The sharpest change came in the year to May 2023, when income rose by 72%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Plumbers & Pipefitters Apprentices Training & Educational Programs TR sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Amplify GR ($5.1m), Rogue Workforce Partnership ($5.1m) and South Central Iowa Community Action Program Inc ($5.1m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 1.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $217k (7.5% of expenses). Other salaries and wages came to $605k. At year end it held assets of $19.8m against liabilities of $7.9m, net assets of $11.9m. It reported 37 employees.